ECB Updates Technical Rules of the European Urgent Payment System TARGET
01 Jul 202648 views
Who is affected:
Credit institutions, national central banks and direct participants in the TARGET system
Summary
The European Central Bank modifies the rules of the TARGET system, which manages urgent transfers between banks in Europe in real time. The changes affect the technical operations of the interbank settlement system.
Detailed analysis
PRO
This ECB guidance modifies the regulations of the TARGET system (Trans-European Automated Real-time Gross settlement Express Transfer), the Eurosystem's wholesale payment infrastructure that processes gross settlements in real time. The technical modifications affect operational procedures and participation requirement…
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Implicaciones prácticas, plazos y recomendaciones específicas para tu sector.
CELEX:32026O1473: Orientación (UE) 2026/1473 del Banco Central Europeo, de 4 de mayo de 2026, por la que se modifica la Orientación (UE) 2022/912 sobre el sistema automatizado transeuropeo de transferencia urgente para la liquidación bruta en tiempo real de nueva generación (TARGET) (BCE/2022/8) (BCE/2026/11)
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